AAR Corp. (AIR) Tops Q1 EPS by 22c, Revenues Beat
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Exclusive: Airbus holds jet output stable in face of crisis warnings - sources
September 24, 2020 11:08 AM EDTBy Tim Hepher
PARIS (Reuters) - Airbus (NYSE: AIR) is set to reaffirm its aircraft production rates, despite warnings that the coronavirus crisis will be deeper and longer than expected, industry sources told Reuters on Thursday.
After cutting output of its best-selling A320neo single-aisle jet at the start of the crisis, the European planemaker has subjected its targets to a fresh internal review as a second wave of COVID-19 prompts new government restrictions in Europe.
But although it weighed further trimming its monthly output of 40 A320neos, down from 60... More
Delta in talks to delay 40 Airbus jet deliveries - Bloomberg News
September 23, 2020 1:42 PM EDT(Reuters) - Delta Air Lines Inc (NYSE: DAL) is in talks with Airbus SE (NYSE: AIR) to delay at least 40 aircraft deliveries scheduled for this year, Bloomberg News reported on Wednesday, citing people familiar with the matter.
... MoreBritain hopes for progress on removing U.S. tariffs on Scotch whisky: minister
September 23, 2020 9:22 AM EDTLONDON (Reuters) - Britain is hopeful that it can make progress on removing U.S. tariffs imposed on Scotch whisky as a result of a dispute between the United States and the European Union over aircraft subsidies, cabinet minister Michael Gove said on Wednesday.
Gove said the tariffs... More
AAR Corporation (AIR) PT Lowered to $21 at Stifel
September 22, 2020 10:34 AM EDTStifel analyst Joseph W. DeNardi lowered the price target on AAR Corporation (NYSE: AIR) to $21.00 (from $22.00) while maintaining a Buy rating.
... MoreEuropean stocks rebound slightly, supported by oil and tobacco
September 22, 2020 3:27 AM EDTBy Sruthi Shankar
(Reuters) - A jump in oil and tobacco shares helped European stocks close higher on Tuesday, with the main indexes partially recovering from a selloff triggered by fears of new lockdowns as COVID-19 cases spike across the continent.
The pan-European STOXX 600 index rose 0.2% after Monday's 3.2% drop, while the German DAX was up 0.4% and Italy's FTSE MIB gained 0.5%.
Britain's exporter-heavy FTSE 100 added 0.4%, benefiting from a weaker pound after Prime Minister Boris Johnson told people to work from home where possible and ordered bars and restaurants to close early... More
